UK - Hymans Robertson has replaced PSolve as Scottish local authority pension fund, Dumfries & Galloway's consultant.
The move comes at a time when the council has decided to put its entire fund worth £320m to tender following a review originally set to begin in November.
A spokesman for the council said PSolve had chosen not to participate in the tender.
The council had expected the appointment would be made by the end of October, but the early appointment will allow the review to begin earlier than the November deadline originally set.
Previously, all the assets of the council’s pension fund were managed by Deutsche Asset Management.
Dumfries & Galloway hopes to see the fund managed by at least two or three managers with a broad mandate in the future.
The Scottish local authority pension fund announced in June it was reviewing its single balanced manager approach and indicated it would increase the number of asset managers it invests with.
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